County Municipal (Police/Firefighter) Calculator

County Municipal (Police/Firefighter) Estimate Summary - Based on input data

This estimate is for illustrative purposes only. Estimated
calculations have been rounded to two digits. It is intended to assist with
long-term financial planning. It is not a guarantee of pensions that may be
available to a member at retirement. Any reliance on information obtained through
this pensions estimator must be done solely at the user's own risk.

No decisions should be made regarding actual retirement choices based in
whole or in part upon information obtained through this pension estimator. Before
making any final retirement plans, a member should contact an Office of Pensions pensions
counselor. Nothing in this estimate is meant to extend or change in anyway the
provisions expressed in the Plan. If there is a conflict between this calculation
and the Plan, the Plan controls. All member accounts are subject to final
audit. To obtain an estimate of pensions from the Office of Pensions, call
1-302-739-4208 or toll-free at 1-800-722-7300.

1 ESTIMATED CREDITED SERVICE

Compute your estimated monthly pension:
Your pension amount is primarily based on your years of credited service and your Final
Average Compensation*.

mini-calculator

Click '=' will auto-fill Compensation Amount

Amount of Ordinary Service Compensation:
Your monthly pension is the sum of 2.5% of your Final Average Compensation multiplied by up to 20 years of credited service under the County Municipal (Police/Firefighter) Plan inclusive, plus3.5% of your Final Average Compensation multiplied by all years of service exceeding 20 under the County Municipal (Police/Firefighter) Plan.

Helpful Hint:
Do not use commas in the combined highest 3 year compensation field. For example, type 100000 instead of 100,000.

Please choose the nearest month or decimal in accordance with your State of Delaware service.

Enter your credited service up to and including 20 years:
Years
Months

Enter the additional credited service above and beyond 20. Years
Months

COMBINED HIGHEST 3 YEAR COMPENSATION: $

Your total creditable compensation is the total compensation paid to you during any period of 36 consecutive months during which your compensation was highest.

2 YOUR MONTHLY EARNINGS PENSION INFORMATION

CALCULATIONS ARE ESTIMATED

Monthly Final Average Earnings

$

$

$

$

Calculation factor (Average Monthly Compensation x 2.5%) for your first 20 years of credited service

estimated monthly pension if electing 50% survivor option.

estimated monthly pension if electing 66.67% survivor option.

estimated monthly pension if electing 75% survivor option.

estimated monthly pension if electing 100% survivor option.

Calculation factor (Average Monthly Compensation x 3.5%) for your first years of credited service beyond 20

Credited number years of service 20 years or below

Credited number years of service above and beyond 20

* Your Final Average Compensation shall mean 1/36 of the compensation paid to an employee during any period of 36 consecutive months for services rendered during those 36 months, in the years of credited service in which the compensation was highest. The pension is calculated based on the highest 36 consecutive months.

This estimate is for illustrative purposes only. It is intended to assist with
long-term financial planning. It is not a guarantee of pensions that may be
available to a member at retirement. Any reliance on information obtained through
this pensions estimator must be done solely at the user's own risk.

No decisions should be made regarding actual retirement choices based in
whole or in part upon information obtained through this pension estimator. Before
making any final retirement plans, a member should contact an Office of Pensions pensions
counselor. Nothing in this estimate is meant to extend or change in anyway the
provisions expressed in the Plan. If there is a conflict between this calculation
and the Plan, the Plan controls. All member accounts are subject to final
audit. To obtain an estimate of pensions from the Office of Pensions, call
1-302-739-4208 or toll-free at 1-800-722-7300.